Investment Highlights

25-YEAR ABSOLUTE NNN LEASE TO WALGREENS BOOTS ALLIANCE, INC. (NASDAQ: “WBA”)
» Walgreens Boots Alliance, Inc. (NASDAQ: “WBA”) is rated “BBB/Stable” by Standard & Poor’s and is ranked 18th in the Fortune 500
» Walgreens is the second-largest pharmacy store chain in the United States with nearly 9,000 retail locations and is proud to be a neighborhood health destination serving approximately 10 million customers each day
» Walgreens employs 245,000+ people and 86,000+ healthcare service providers, including pharmacists, pharmacy technicians and other health-related professionals
» Tenant has been at current location since 2002 – tenant’s dedication to the site is exemplified by its long term commitment to this location
» 4+ years remaining on absolute NNN lease with no landlord responsibilities, ideal for an out-of-area investor
» Property features prescription drive-thru lane, providing additional customer convenience and boosting sales revenue

HIGH-VISIBILITY LOCATION BETWEEN DALLAS AND FORT WORTH
» Ideal location at the signalized four-way intersection of West Lamar Boulevard and North Davis Drive (combined 39,072 AADT)
» Beneficial proximity to major Texas thoroughfares, including Interstate 30 (124,000 AADT)
» Surrounded by notable national tenants such as Walmart Supercenter, The Home Depot, Kroger, Walmart Neighborhood Market, Whole Foods Market, Chick-fil-A, Raising Cane’s, McDonald’s, and many more
» Located near major Texas employers and community hubs, including The University of Texas at Arlington (39,714 students, $17.1 billion annual economic impact) and Dallas Fort Worth Airport, the second-busiest airport in the world with 62.5 million passengers in 2021

DENSELY POPULATED AND GROWING DALLAS-FORT WORTH METRO
» 289,482 residents live within five miles of the property, creating an extremely large and reliable customer base for the site
» Average annual household income of $120,828 within a one-mile radius of the site, providing an affluent customer base
» Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise Walgreens and Arlington for steady concurrent growth
» Centrally located between Downtown Dallas and Fort Worth, allowing the property to capture immense amounts of commuter traffic
» Arlington is the entertainment capital of North Texas which has 48.9 million visitors annually (North Texas tourists create an estimated economic impact of $1.4 billion)
» Located in an income tax-free state

Property Description

» This Walgreens is conveniently located at the signalized four-way intersection of West Lamar Boulevard and North Davis Drive (combined 39,072 AADT)
» Located in a growing retail corridor, the property is surrounded by notable tenants such as Walmart Supercenter, The Home Depot, Kroger, Walmart Neighborhood Market, Whole Foods Market, Chick-fil-A, Raising Cane’s, McDonald’s, and many more, creating significant crossover shopping
» The site is strategically located near major Texas employers and community hubs, including The University of Texas at Arlington (39,714 students,$17.1 billion annual economic impact) and Dallas Fort Worth Airport, the second-busiest airport in the world with 62.5 million passengers in 2021
» The site greatly benefits from its large customer base, drawing from 289,482 residents living within five miles of the property
» An average annual household income of$120,828 within a one-mile radius of the site provides an affluent customer base
» Arlington is the entertainment capital of North Texas which has 48.9 million visitors annually (North Texas tourists create an estimated economic impact of $1.4 billion)